Ever the hotbed of innovation, a new innovation in foreclosure defense is emerging in Florida. Until now, the big question for foreclosure lawyers is “how do we get paid?” If their client can’t afford to pay the bank, how are they going to pay for legal services? One firm has figured out a way. After the original mortgage is nullified or reduced, the client takes out a new mortgage for 40% of the savings, and pays it to the lawyer.
Paying The Foreclosure Lawyer With A Second Mortgage
By Ben Popken November 10, 2010
- taking action Federal, State Agencies Accuse Ocwen Of Mortgage Errors, Illegal Foreclosures
- Relief A Long time In the Making HSBC Must Pay $470M For Alleged Abusive Loan Practices
- looking to help Guidelines Intend To Protect Homeowners As Foreclosure Relief Programs Expire
- less is mortgage DOJ Sues Quicken Loans Over Improperly Underwritten Mortgages
- Gotta Play By The Rules Ohio Woman Sues Chase For Alleged Mortgage Law Violation